On March 7, Morgan CSI A50 ETF and Ping An CSI A50 ETF successively issued listing announcements. Both CSI A50 ETFs will be listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange on March 12 with a total fundraising size of 20 billion yuan each, making them the first batch of CSI A50 ETFs to be issued. According to the announcement, among the top ten shareholders of the two CSI A50 ETFs are several insurance institutions, including Pacific Life Insurance, Guohua Life Insurance, China Life Reinsurance, as well as Ping An Life Insurance, Ping An Property & Casualty Insurance, and Ping An Health Insurance, with a total stake of approximately 738 million shares. In addition to the two mentioned products, Da Cheng CSI A50 ETF, Huatai Bairui CSI A50 ETF, YinHua CSI A50 ETF, ICBC CSI A50 ETF, and E Fund CSI A50 ETF also announced their establishment today, with the total size of the seven disclosed CSI A50 ETFs exceeding 120 billion yuan. Furthermore, the CSI A50 ETFs under Huabao Fund, Fuguo Fund, and Jiashi Fund also announced their establishment, with net subscription amounts during the fundraising period of 1.548 billion yuan, 1.529 billion yuan, and 1.430 billion yuan respectively. Based on the current fundraising amount, the total size of the first ten CSI A50 ETFs is approximately 16.5 billion yuan. Han Xiuyi, the fund manager of Morgan CSI A50 ETF, stated that the valuation of core assets in the A-share market may already be at historical lows, and in the future, more funds are expected to flow into the market through broad-based ETFs. The CSI A50 Index, while enhancing the pricing power of core assets in the A-share market, is expected to become another important target for domestic and foreign funds to allocate core assets in the A-share market. Qian Jing, the fund manager of Ping An CSI A50 ETF, stated that on one hand, with the stabilization of the domestic economic cycle in 2024, the profitability advantage of leading assets in the A-share market is expected to become more prominent. Also, with major index stocks currently at relatively low levels, the potential of leading blue-chip stocks is expected to gradually unleash. On the other hand, from the recent increase in holdings by the "national team" and the continuous improvement of policy environment, market confidence is continuously strengthening. Investors can seize the opportunity for a new round of profit and valuation enhancement in 2024 by allocating core assets in the A-share market. Data shows that the CSI A50 Index was officially released on January 2, 2024. The index adopts the standards of the Interconnection and introduces the concept of ESG investment. It selects the 50 securities with the largest market value as index samples. In terms of industry distribution, the CSI A50 Index includes more leading companies in new economic sectors, making it easier to capture new growth points in the Chinese economy. It is one of the few indices in the A-share market focusing on leading companies in the third-level sub-industry and with large market value representation in the index samples, poised to become a more balanced and representative new business card for core assets in the A-share market.